Insurers Paying $123M in Walmart Settlement of Shareholder Suits Over Handling of Opioids October 21, 2024 By Anne D'Innocenzio Walmart said it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the...
Archdiocese of Los Angeles Agrees to Pay $880M to Victims of Clergy Sexual Abuse October 21, 2024 The Archdiocese of Los Angeles has agreed to pay $880 million to victims of clergy sexual abuse dating back decades,...
ADM Sued for Alleged Misconduct, Lack of Safety Inspections After Explosion Hurt Worker October 21, 2024 By P.J. Huffstutter Archer-Daniels-Midland Co. intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an...
Musk’s X Seeks to Steer Lawsuits to Conservative Court in Texas October 18, 2024 By Nate Raymond Elon Musk’s X has updated its terms of service to steer any disputes by users of the social media platform...
Hunter Biden Revives Lawsuit Against Fox News Over Explicit Images Used in Streaming Series October 18, 2024 Hunter Biden has revived a lawsuit that accuses Fox News of illegally publishing explicit images of him as part of...
Phillips 66 Hit With $604.9M US Verdict in Fuel Trade-Secrets Case October 18, 2024 By Blake Brittain Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel’s trade secrets to build...
Jump Trading Accused of ‘Pump and Dump’ in Game Developer’s Suit October 17, 2024 By Olga Kharif Video-game developer FractureLabs filed a lawsuit against Jump Trading, accusing one of the cryptocurrency industry’s biggest market makers of “fraud...
McKinsey Poised to Pay at Least $500 Million in DOJ Opioid Probe October 17, 2024 By Ambereen Choudhury, Sabrina Willmer and Chris Strohm McKinsey & Co. is nearing a deal with U.S. prosecutors to pay at least $500 million to settle federal probes...
RTX Agrees to $950M Settlement Over US Defense Fraud, Qatar Bribery October 17, 2024 By Luc Cohen in New York and Nate Raymond RTX agreed to pay nearly $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying...
Progressive to Pay Policy Limits in Fatal Boat Crash That Involved Murdaugh’s Son October 16, 2024 By Staff and Wire Reports Progressive Insurance will pay $500,000, the policy limits, to the family of a young woman killed in a 2019 boat...